Proxy firm

Schulte Roth & Zabel Presents Its 11th Annual Shareholder Activism Conference

Retrieved on: 
Thursday, November 19, 2020

Schulte Roth & Zabel (SRZ), a market-leading law firm serving the financial services industry, is hosting its 11th Annual Shareholder Activism Conference today.

Key Points: 
  • Schulte Roth & Zabel (SRZ), a market-leading law firm serving the financial services industry, is hosting its 11th Annual Shareholder Activism Conference today.
  • The virtual event spotlights prominent players in the shareholder activism space, including activist investors, advisers and proxy advisory firms.
  • Ele Klein and Marc Weingarten, SRZ partners and co-chairs of the firms global Shareholder Activism Group, are spearheading the annual event.
  • We are proud to present our 11th Annual Shareholder Activism Conference, said David Efron, SRZ co-managing partner and co-head of the Investment Management Group.

Tenzing Acquisition Corp. and Reviva Pharmaceuticals, Inc. Announce Shareholder Meeting Date to Approve the Business Combination

Retrieved on: 
Wednesday, November 18, 2020

Due to COVID-19 restrictions on in-person meetings, the Shareholder Meeting will be completely virtual and conducted via live webcast.

Key Points: 
  • Due to COVID-19 restrictions on in-person meetings, the Shareholder Meeting will be completely virtual and conducted via live webcast.
  • Tenzing filed its definitive proxy statement/prospectus with respect to the Shareholder Meeting related to the Business Combination (the "Proxy Statement") with the U.S. Securities and Exchange Commission (the "SEC") on November 12, 2020 and began mailing it to Tenzing shareholders onNovember 13, 2020.
  • Holders ofTenzing'sordinary shares at the close of business on the record date ofNovember 4, 2020are entitled to notice of the virtual Shareholder Meeting and to vote at the virtual Shareholder Meeting.
  • Tenzing has begun mailing the Proxy Statement and other relevant documents to each shareholder entitled to vote at the Shareholder Meeting.

MiMedx To Host Virtual 2020 Annual Meeting of Shareholders on Friday, November 20

Retrieved on: 
Friday, November 13, 2020

MARIETTA, Ga., Nov. 13, 2020 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (NASDAQ: MDXG) (MiMedx or the Company), an industry leader in advanced wound care and a therapeutic biologics company, today provided additional information about its upcoming virtual 2020 Annual Meeting of Shareholders (Annual Meeting).

Key Points: 
  • MARIETTA, Ga., Nov. 13, 2020 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (NASDAQ: MDXG) (MiMedx or the Company), an industry leader in advanced wound care and a therapeutic biologics company, today provided additional information about its upcoming virtual 2020 Annual Meeting of Shareholders (Annual Meeting).
  • Guests may join the virtual 2020 Annual Meeting, including the shareholder question and answer session, in a listen-only mode without a control number.
  • To participate in the virtual Annual Meeting, shareholders must visit www.virtualshareholdermeeting.com/MDXG2020 on Friday, November 20, 2020 and enter the 16-digit control number found on their proxy materials or voting instruction form.
  • The Company has filed its definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) and has mailed it with an accompanying proxy card for the virtual 2020 Annual Meeting to its shareholders.

Leading Independent Proxy Firms ISS and Glass Lewis Recommend HC2 Stockholders Vote “FOR” Rights Offering Proposals

Retrieved on: 
Thursday, November 12, 2020

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE:HCHC), a diversified holding company, announced today that leading independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis have recommended, in connection with the Companys current $65 million rights offering (the Rights Offering), that HC2 stockholders vote FOR both Proposals 1 and 2 at the Companys Special Meeting of Stockholders to be held on November 20, 2020.

Key Points: 
  • NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE:HCHC), a diversified holding company, announced today that leading independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis have recommended, in connection with the Companys current $65 million rights offering (the Rights Offering), that HC2 stockholders vote FOR both Proposals 1 and 2 at the Companys Special Meeting of Stockholders to be held on November 20, 2020.
  • HC2 expects to use the proceeds from the Rights Offering for general corporate purposes, including debt service and for working capital.
  • The Company reserves the right to amend or terminate the rights offering at any time prior to its expiration date.
  • For any questions or further information about the rights offering, please call Okapi Partners LLC, the information agent for the Rights Offering, at (855) 208-8902 (toll-free).

Leading Independent Advisory Firms ISS and Glass Lewis Recommend Virtusa Stockholders Vote “FOR” the Transaction with Baring Private Equity Asia

Retrieved on: 
Wednesday, November 11, 2020

Virtusa Corporation (NASDAQ GS: VRTU) announced today that leading independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co., LLC (Glass Lewis), have each recommended that Virtusa stockholders vote FOR the pending merger transaction (the Transaction) under which funds affiliated with Baring Private Equity Asia (BPEA) will acquire all outstanding shares of common stock of Virtusa for $51.35 per share in an all-cash transaction valued at approximately $2.0 billion.

Key Points: 
  • Virtusa Corporation (NASDAQ GS: VRTU) announced today that leading independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co., LLC (Glass Lewis), have each recommended that Virtusa stockholders vote FOR the pending merger transaction (the Transaction) under which funds affiliated with Baring Private Equity Asia (BPEA) will acquire all outstanding shares of common stock of Virtusa for $51.35 per share in an all-cash transaction valued at approximately $2.0 billion.
  • The Virtusa Board recommends that Virtusas stockholders vote FOR the proposal to approve the pending merger with funds affiliated with BPEA in advance of the Meeting.
  • The Company encourages stockholders to submit their proxy as soon as possible, whether over the Internet, by telephone or by mail.
  • Baring Private Equity Asia (BPEA) is one of the largest and most established private alternative investment firms in Asia, with assets under management of approximately US$20 billion.

D.F. King's Zally Ahmadi Co-Curates Panel on the Pandemic's Impact on 2020 Proxy Season, Emerging ESG Trends

Retrieved on: 
Wednesday, November 11, 2020

King, an AST company alongside Maia Gez, a Partner in the Public Company Advisory Group at White & Case .

Key Points: 
  • King, an AST company alongside Maia Gez, a Partner in the Public Company Advisory Group at White & Case .
  • The presenters shared key insights on the newly changing shareholder proposal and investor environment, as well as the key ESG topics taking center stage amid the COVID-19 pandemic.
  • "Virtual meetings emerged as a strong and necessary alternative during the pandemic," said Ahmadi.
  • Services include: proxy solicitation; shareholder analysis; proxy advisory firm consulting; M&A / information agent services; shareholder activism; corporate governance consulting; and call center services.

Glass Lewis Recommends Australis Shareholders Vote Using Only the Blue Proxy for all Australis Director Nominees

Retrieved on: 
Wednesday, November 11, 2020

This is the second recommendation that shareholders vote using on the BLUE proxy, following a similar recommendation from Institutional Shareholder Services ("ISS") last week.

Key Points: 
  • This is the second recommendation that shareholders vote using on the BLUE proxy, following a similar recommendation from Institutional Shareholder Services ("ISS") last week.
  • After carefully considering the outcome that is in the best interests of the Australis Capital shareholders, Glass Lewis recommended that its clients vote FOR all Australis Director nominees using only the BLUE proxy, and noted the following:
    Overall, we do not believe the Dissident has presented a credible and convincing case in favor of board representation at this time.
  • "We are pleased with Glass Lewis' independent recommendation that shareholders vote using the BLUE proxy for all of our Board Nominees," said Harry DeMott, CEO of AUSA.
  • It's up to shareholders to protect the value of their investment in Australis by voting FOR the AUSA slate of director nominees, using only the BLUE proxy.

Glass Lewis Calls for Removal of Paul Folino, CoreLogic’s Chairman – As Well As Three Additional Directors – and Recommends Shareholders Vote for Senator and Cannae Nominees on the Gold Card

Retrieved on: 
Thursday, November 5, 2020

Glass Lewis is now the second proxy advisor to strongly criticize the credibility and track record of CoreLogics Board and Chairman and to call for new directors.

Key Points: 
  • Glass Lewis is now the second proxy advisor to strongly criticize the credibility and track record of CoreLogics Board and Chairman and to call for new directors.
  • We have now seen the two leading proxy advisory firms condemn CoreLogics directors, specifically targeting the Chairman, and call for removal of the Companys longest tenured directors.
  • We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
  • 1 Permission to quote Glass Lewis was neither sought nor obtained.

Independent Proxy Advisory Firm Glass Lewis Recommends CoreLogic Shareholders Vote “AGAINST” Replacing Majority of Directors

Retrieved on: 
Thursday, November 5, 2020

CoreLogic (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today announced that Glass Lewis & Co. LLCs (Glass Lewis), a leading independent proxy advisory firm, has recommended that CoreLogic shareholders vote against removal of the majority of CoreLogics directors as sought by Senator and Cannae.

Key Points: 
  • CoreLogic (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today announced that Glass Lewis & Co. LLCs (Glass Lewis), a leading independent proxy advisory firm, has recommended that CoreLogic shareholders vote against removal of the majority of CoreLogics directors as sought by Senator and Cannae.
  • The other leading proxy advisory firm, Institutional Shareholder Services Inc. (ISS), also recommended against Senator and Cannaes campaign to gain control of the CoreLogic Board.
  • CoreLogic issued the following statement:
    While we appreciate Glass Lewis recommendation for the majority of our Board, we believe they have reached the wrong conclusion in supporting four Senator/Cannae nominees.
  • We urge shareholders to vote against removal of any CoreLogic directors using the white proxy card so we can continue our ongoing efforts to maximize shareholder value.

Leading Independent Proxy Advisory Firm ISS Recommends CoreLogic Shareholders Vote “AGAINST” Replacing Majority of Directors

Retrieved on: 
Friday, October 30, 2020

CoreLogic (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today announced that Institutional Shareholder Services Inc. (ISS), the leading independent proxy advisory firm, has recommended that CoreLogic shareholders vote against removal of the majority of CoreLogics directors sought by Senator and Cannae.

Key Points: 
  • CoreLogic (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today announced that Institutional Shareholder Services Inc. (ISS), the leading independent proxy advisory firm, has recommended that CoreLogic shareholders vote against removal of the majority of CoreLogics directors sought by Senator and Cannae.
  • We are pleased that ISS recommends that shareholders not give control of our Board to Senator and Cannae, said Chairman Paul Folino.
  • However, we believe ISS has reached the wrong conclusion in its recommendation for three of the Senator/Cannae nominees.
  • We urge shareholders to vote against the removal of any CoreLogic directors using the white proxy card so that we can continue our ongoing efforts to maximize shareholder value.